If one did this, I can imagine a lot of stores accepting BitCoin. Currently, there seems to be a looming perception that receiving BitCoin in stores requires some fancy mobile app. Personally, I find it easier to deal with $20 bills than to constantly hawk over my BitCoin accounts. If stores accepting BitCoin suddenly receive a rush of paper form BTC, then that will represent a lot of "tangible" evidence of the BitCoin economy which make BitCoin mainstream.
What about a simple program that you have installed on your computer that divides BTC automatically and prints these divisions prior to connecting to the internet (e.g. during boot?)?
This idea has potential. It's already possible to get the same end result for free (bitaddress.org), but some variations on the theme could make for a novel and viable product. |
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Anybody here have an interest in representing the general members of the Bitcoin Foundation? I'm willing to nominate any qualified person who could bring new skills and energy to the board. Note, you don't have to be a member to run (but if you win, it would be rather awkward if you didn't want to join!). Here's the current board composition: https://bitcoinfoundation.org/about/board |
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All this sounds like an apparatchik's speech in support of the beloved party and the beloved leadership.
So does this: What we DO know is that The Bitcoin Foundation goes against Satoshi's dream of no-trust-needed and complete decentralization
Satoshi is no god. His little software was not perfect from the beginning. He did not come down from the mountain with 10 golden rules engraved in stone for no one to question. We need people to further develop the software, the protocol, the application and everyday use of Bitcoin. People, and that's what the Foundation is made of. I think Satoshi would approve of a centralized effort to protect the decentralization of Bitcoin...or at least a centralized effort to fix his kinda sh!tty code |
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As an aside, mathematically there are fewer than 1,000 people in the world today with 10K or more BTC . If i had to make a guesstimate, I'ld wager that there are probably fewer than 200 people in the world with that many bitcoins. Where does this "mathematics" come from? If multiple bitcoin addresses can be owned by individuals, how is something like this even knowable? Well, if 1000 people had ฿10,000, that'd be 10 million Bitcoins (roughly as many as are in existence). Thus, I'd say 200 is a pretty darn good off the cuff estimate. I believe the "mathematics" employed is called "multiplication." :-) |
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Does not apply. Results are very predictable.
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I'd use this if you published on Android
Want the source? |
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If anyone was wondering what ever happened to this app, well, it's back. You have to pay Apple $100 / year to keep apps in the app store. Seeing as I hadn't made enough money from the app to cover the fee, I let it go. Anyhow, I paid again to get access to iOS 7, so , it's back up. Warning though, if you set the local settings to be anything but the US, it doesn't handle the localization correctly. I'm not sure when I'll get around to fixing it! Here's the link: https://itunes.apple.com/us/app/mybitcoins/id539677499?mt=8&uo=4 |
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Very interesting Piotr! Now I know about the Y2.038K bug  |
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I have a full set of original BitBills (฿1, 5, 10, 20) for sale as a collectors item if anyone is interested!
Glad to see you back Doug!
Brian Goss
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What? You think someone killed a child and you haven't called the police? I don't understand.
No, I KNOW someone killed a child. The police were contacted, and no one pressed charges. But I was not present for that, so I am now doing my part. The body is at the morgue, they have even done an autopsy. It's not like this is going on in a weird way. Murder isn't the kind of crime that one can choose not press charges on...the state always presses charged for the crime, you can't stop it...but there must be some evidence to charge someone...and it does not require funding to prosecute. I'm confused...  |
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The default answer is now ฿0.0001/kb for Bitcoin-qt 0.8.2 and up. But, in reality, miners charge whatever they want. If evil mega-Corp buys a ton of ASICs (or miners collude) and controls nearly all the hashing power....they set the true minimum fee.
0.8.2 Release notes
===================
Fee Policy changes
------------------
The default fee for low-priority transactions is lowered from 0.0005 BTC
(for each 1,000 bytes in the transaction; an average transaction is
about 500 bytes) to 0.0001 BTC.
Payments (transaction outputs) of 0.543 times the minimum relay fee
(0.00005430 BTC) are now considered 'non-standard', because storing them
costs the network more than they are worth and spending them will usually
cost their owner more in transaction fees than they are worth.
Non-standard transactions are not relayed across the network, are not included
in blocks by most miners, and will not show up in your wallet until they are
included in a block.
The default fee policy can be overridden using the -mintxfee and -minrelaytxfee
command-line options, but note that we intend to replace the hard-coded fees
with code that automatically calculates and suggests appropriate fees in the
0.9 release and note that if you set a fee policy significantly different from
the rest of the network your transactions may never confirm.
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I don't see what the OP is talking about. I guess I'm dumb, he he. I wasted all that time getting degrees in astrophysics, mathematics, engineering, and medicine...just to find out I'm a dummy :-)
OP, do give us the big reveal! What do you see that I can't? I'm genuinely interested and darn curious!
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I think regulatory efforts will be focused on the exchange points. I mean, how else could they do it?
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Proof that consults worth paying for don't have to be doctor-patient based...
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A new page in bitcoin's history.
True dat. Encrypt your wallet people, and stay off silk road! You naughty drug dealers... are people really this stupid to buy illegal drugs online? Well, for the most part, they've been rather smart about it. Not that I condone it, but I applaud their technical skill. |
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You're still holding strongcoin? There's still an exchange rate? I thought I sold the last 1000 strong coins before the main exchange went down.
Strong coin seemed purpose built to make that dude money. I'm glad I got out.
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In my opinion you have a wrong understanding of how a huge organization like the NSA works.
Saying that the NSA have the resources to invent Bitcoin \ plans to perform a 51% attack on the network \ any other conspiracy theory, is part of that misunderstanding.
You should compare it to a commercial company, say Google. You cannot start a huge-costly project (Millions of $ is considered costly, as much as you think the NSA can spend whatever on whatever), while you're unable to prove it is profitable. For Google, profit is $, for the NSA, profit is either intelligence \ means to gather that intelligence \ projects of National security.
If you think about Bitcoin, it is neither.
The NSA can do research, it might try to see what's going on and even use it to its causes. But for what Bitcoin is now, it is not something a government agency would spend millions of $ for research so they might be able to do something with it in the future.
No government is that efficient.
We're still in an age where the government will spend 100M easily for 1 aircraft, but will not invest even 10M to research and influence on a revolutionary, even questionable digital-technology
Interestingly, DARPA funded some early research on digital payment schemes. Google Payword and Micromint. |
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This report was old news when it came out, presuming it was created in 1996. There were much more comprehensive reports in the civilian literature by at least 1999. The report mostly covers David Chaum's work on Digicash...which was publicly disclosed and only months away from being purchasable at the bank at that time (you could buy Digicash in 1997 at Mark Twain bank in Missouri)
The report lists several protocols, not a single one of which is in any way similar to Bitcoin. I question the OP's true motive given the document.write call and the truly misleading statements that the report is eery similar to Bitcoin.
OP, did you read the report? Are you trying to hack visitors? I think the constellation of findings warrants a comment from you. You're input is needed.
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With the current max block size limit, never...
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